I do not see any great value in the Investor websites. To me they are a distraction of management from their job of growing the businesses. And of course there must be some cost.
My guess is that there may be some uplift in customer spend at RFG stores from two factors: 1. Pension and other Centrelink benefits were indexed upwards by inflation (CPI) from the end of March. 2. The tax cuts effective from 1 July for all tax payers should trickle through to consumer spending.
Just a thought.
RFG Price at posting:
7.0¢ Sentiment: None Disclosure: Held
